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WALL STREET INSIGHT

US stocks' direction dependent on Korean tensions, retail sales

Merger activity could provide a boost, cushioning blows from weak retail sales data and further geopolitical threats
Monday, August 14, 2017 - 05:50

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The North Koreans last week warned that it could bomb the American territory of Guam in the Pacific, sending US stocks lower.

STOCKS fell last week and major indexes beat their biggest weekly retreat since March as a bellicose slanging match between US President Donald Trump and North Korean President Kim Jong Un sent investors fleeing for safe havens.

Stocks could rebound this week if the rhetoric dies down and

sentifi.com

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